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About $3bn being raised in the rights issue will cover the bank's turnaround costs.
The restructuring was announced as the bank reported a "disappointing" third-quarter pre-tax loss of $139m for the three months to September.
That compared with a profit of $1.5bn for the same period last year.
Shares in Standard Chartered fell as much as 10% on Tuesday and were down 7% at 663.5p in late trading. The stock has fallen more than 30% this year.
Revenue fell 18.4% to $3.68bn and losses on bad loans almost doubled to $1.23bn for the quarter.
Analysts at Investec analysts described news the loss as "awful" given the expectation of a $903m profit, adding: "the worst aspect ... is a broad-based collapse in revenues".
There was further bad news as Standard Chartered said it was the subject of two investigations by the Financial Conduct Authority relating to monitoring of sanctions and anti-money laundering compliance.
The job cuts are part of a restructuring programme to take place over the next three years, but gave no details. The bank employs 86,000 people worldwide, but only about 1,800 in the UK.
Bill Winters announced a strategic review of Standard Chartered when he took over as chief executive in June.
He put a new management team in place the following month and eliminated 1,000 senior management roles.
Analysts had been expecting the bank to seek additional capital to shore up its balance sheet and Mr Winters acknowledged the challenging business environment facing the bank.
"This is ... an aggressive and decisive set of actions to fundamentally shore up the underpinnings of the bank," he said on a conference call.
"We've tried to achieve a very high level of capitalisation to buffer ourselves against eventualities and we think we are very well capitalised to deal with any of the challenges that could come our way," Mr Winters added.
The bank was co-operating fully with the two FCA investigations, the chief executive said.
Standard Chartered remains under investigation by US authorities related to transactions involving Iranian clients.
The bank was fined $667m in 2012 by US authorities to settle charges that it violated US sanctions by handling thousands of money transactions involving Iran, Myanmar, Libya and Sudan; and paid another $300m in August last year for failing to detect possible money-laundering.
Michael Hewson, chief market analyst at CMC Markets, told Radio 4's Today programme that banks were being compelled to have bigger buffers to withstand future fiscal shocks - especially in Asia where banks such as Standard Chartered and HSBC were particularly exposed.
His concern was that Standard Chartered was "way behind the curve" on cutting costs.
At the bottom of page 8 of the voluminous slide pack presentation offered to investors this morning by Standard Chartered is this telling sentence: "The Bank of England will publish the results of its 2015 stress tests on 1 December, including the results for the group, the outcome of which is unknown to the company and not yet finalised."
The Bank's work is focused on what could happen in the event of a significant collapse in the Chinese economy and a subsequent global downturn.
Its effect will be most acute on the UK's two banks most focused on the Asian market: HSBC and Standard Chartered.
Bill Winters, the Standard Chartered chief executive, appears keen to get his capital raising punch in first. He has also made it clear he wants Standard Chartered to compete on international renminbi trading, which the bank believes will become a reserve currency up against the US dollar.
Mr Winters has moved before the Bank of England sticks its weighty oar in.
Growing regulatory costs and controls in the wake of the financial crisis have weighed on big lenders in the UK, US and Australia.
Standard Chartered has already shed some businesses, in Hong Kong, China and Korea, to help improve its capital position.
Among the plans announced on Tuesday, Standard Chartered said it would invest more than $1bn to reposition its retail banking, private banking and wealth management businesses, as well as upgrade its Africa franchise and yuan services.
The rights issue had the backing of Temasek, Singapore's state investment firm and Standard Chartered's largest shareholder.
Hugh Young, managing director at Aberdeen Asset Management, the bank's second-biggest shareholder, said: "[There is] still a lot of hard work to put in but the path is clear."
The rights issue, Standard Chartered's first since 2010, will be launched on Tuesday at a price of 465p a share - a 35% discount to its closing price on Monday. Two new shares will be issued for every seven existing shares.
The bank has also axed the final dividend for this year to conserve cash.
Shares in Standard Chartered fell sharply after the Asia-focused UK bank said it would raise $5.1bn (£3.3bn) and cut 15,000 jobs by 2018.

Dominic Samuel scored the opener midway through the first half, diverting a Roy Beerens shot home from close range.
The home side's lead was doubled a few minutes later when Danny Williams arrived at the far post to connect with a pinpoint cross from Jordan Obita.
A late own goal from John Brayford completed a poor afternoon for Burton.
But it was the visitors who started the brighter against in-form Reading, with Jackson Irvine heading over early on.
After a shaky start, the Royals began to assert themselves and Samuel wasted his first chance, hitting the side-netting with a right-footed shot from inside the penalty area.
But the young striker made no mistake with his second attempt to net his first goal of the season and Reading then turned on the style as Garath McCleary found Obita, whose fine cross was expertly dispatched by Williams arriving at the far post for a simple tap-in.
After the break, Irvine and Lee Williamson both wasted chances to hit back for Burton and Reading went 3-0 up when Yakou Meite's left-footed shot was palmed away by Jon McLaughlin and rebounded into the net off Brayford.
Reading manager Jaap Stam: "It's good to win games and it's good to get points because there are a lot of games to be played in this league this season.
"Hopefully we can stay up there, but we're not aiming for that third or fourth spot yet. We're not focused on getting into a certain position in the table. I keep repeating myself: there's a long way to go.
"We controlled and dominated the first half and scored two great goals. You want to do the same thing in the second half, but we knew that Burton would be trying to get back into it.
"I told the players that you need to be sharp and aggressive because you want to finish the game off as quick as you can."
Burton manager Nigel Clough: "It was very similar to our away form this season: missed chances and conceding soft goals. That's it.
"Our general play wasn't too bad and if one of our chances had gone in at any time, even at 2-0 down, it might have been a different game.
"But we can't keep missing chances and giving away soft goals - otherwise you lose, like we did today."
Match ends, Reading 3, Burton Albion 0.
Second Half ends, Reading 3, Burton Albion 0.
Attempt blocked. Yakou Meite (Reading) left footed shot from the left side of the box is blocked. Assisted by Danny Williams.
Paul McShane (Reading) is shown the yellow card.
Foul by Yakou Meite (Reading).
Lucas Akins (Burton Albion) wins a free kick on the right wing.
Attempt blocked. Will Miller (Burton Albion) right footed shot from the right side of the box is blocked. Assisted by Stuart Beavon.
Attempt blocked. Joseph Mendes (Reading) left footed shot from the left side of the box is blocked. Assisted by Jordan Obita.
Attempt missed. Will Miller (Burton Albion) right footed shot from the right side of the box misses to the left. Assisted by Stuart Beavon.
Offside, Reading. Danny Williams tries a through ball, but Yakou Meite is caught offside.
Foul by Joseph Mendes (Reading).
Tom Naylor (Burton Albion) wins a free kick in the attacking half.
Substitution, Reading. Liam Kelly replaces Roy Beerens.
Delay over. They are ready to continue.
Delay in match Ali Al Habsi (Reading) because of an injury.
Ali Al Habsi (Reading) wins a free kick in the defensive half.
Foul by Tom Flanagan (Burton Albion).
Corner,  Burton Albion. Conceded by Tyler Blackett.
Offside, Reading. Chris Gunter tries a through ball, but Roy Beerens is caught offside.
Substitution, Burton Albion. Tom Flanagan replaces Ben Turner.
Own Goal by John Brayford, Burton Albion.  Reading 3, Burton Albion 0.
Attempt saved. Yakou Meite (Reading) left footed shot from the centre of the box is saved in the centre of the goal. Assisted by Chris Gunter.
Substitution, Reading. Joseph Mendes replaces Garath McCleary.
Corner,  Reading. Conceded by Jackson Irvine.
Attempt saved. Will Miller (Burton Albion) right footed shot from the right side of the box is saved in the centre of the goal. Assisted by Tom Naylor.
Attempt saved. Jackson Irvine (Burton Albion) header from the centre of the box is saved in the top left corner. Assisted by Lucas Akins with a cross.
Substitution, Burton Albion. Tom Naylor replaces Lee Williamson.
Substitution, Reading. Yakou Meite replaces Dominic Samuel.
Substitution, Burton Albion. Will Miller replaces Chris O'Grady.
Attempt missed. Matthew Palmer (Burton Albion) left footed shot from outside the box is close, but misses to the right.
Attempt missed. Chris O'Grady (Burton Albion) left footed shot from the centre of the box is just a bit too high. Assisted by Ben Turner with a headed pass following a set piece situation.
Garath McCleary (Reading) is shown the yellow card for a bad foul.
Foul by Garath McCleary (Reading).
John Brayford (Burton Albion) wins a free kick in the defensive half.
Dominic Samuel (Reading) is shown the yellow card.
Foul by Dominic Samuel (Reading).
Lloyd Dyer (Burton Albion) wins a free kick in the defensive half.
Attempt missed. Chris O'Grady (Burton Albion) right footed shot from the right side of the box is too high.
Foul by Jordan Obita (Reading).
Lucas Akins (Burton Albion) wins a free kick in the defensive half.
Reading comfortably beat Burton Albion to record their fourth consecutive win and climb to third in the Championship for the first time in over a year.

Four chicks are being fed on an almost hourly basis by staff at Durrell Conservation Trust who have to take them home at night.
The birds are part of a conservation effort to re-populate Jersey with the native bird species.
Rick Jones, of Durrell, said the chicks were "noisy and voracious".
"Last year we lost all the chicks and that can't happen this year so we've decided to hand-rear," he said.
"They're in an incubator and they're fed every hour and fifteen minutes.
"You wouldn't believe the dedication you have to have to be a bird keeper, especially this time of year."
Conservation biologist Glyn Young heads the breeding project, which started in 2010 and began returning birds to the wild last year after an absence from the island of more than a century.
"They haven't fledged yet so they're still very small," he said.
"They're in a box together instead of a nest and being fed by a human instead of a chough. They should be fledged next month.
"Choughs haven't been hand-reared very often by us or anyone else."

A brood of red-billed choughs is being hand-reared by wildlife keepers in Jersey after last year's chicks were all lost.

